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Vancouver, Canada, June 9th, 2011 -
CanAlaska Uranium Ltd. (TSX.V -- CVV) ("CanAlaska" or the
"Company") is pleased to announce that its common shares will be
listed and commence trading on the Toronto Stock Exchange ("TSX")
within the next two weeks. The company's current trading symbol,
CVV, will remain unchanged.

"This graduation to the senior TSX board represents another
milestone in the development of CanAlaska Uranium," said Mr.
Peter Dasler, President & CEO. "Our TSX listing will open up a
broader investor base and expand our access to capital as we
continue to explore for uranium deposits in the richest
uranium-producing region of the world alongside our
international joint venture partners. We are most pleased to
gain the recognition by the Toronto Stock Exchange of our
continued prospects for growth."

CanAlaska's common shares will be de-listed from the TSX Venture
Exchange (TSX-V) upon commencement of trading on the TSX.

About CanAlaska Uranium

CANALASKA URANIUM LTD. (CVV -- TSX.V, CVVUF -- OTCBB, DH7 --
Frankfurt) is undertaking uranium exploration in twenty one
uranium projects in Canada's Athabasca Basin -- the "Saudi
Arabia of Uranium". Since September 2004, the Company has
aggressively acquired one of the largest land positions in the
region, comprising over 2,500,000 acres (10,117 sq. km or 3,906
sq. miles). To-date, CanAlaska has expended over Cdn$75 million
exploring its properties and has delineated multiple uranium
targets.

The TSX Venture has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release: CUSIP# 13708P 10 2. This news release contains certain
"Forward-Looking Statements" within the meaning of Section 21E
of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical
fact, included herein are forward-looking statements that
involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from
those anticipated in such statements. Important factors that
could cause actual results to differ materially from the
Company's expectations are disclosed in the Company's documents
filed from time to time with the British Columbia Securities
Commission and the United States Securities & Exchange
Commission.

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